"CoreLogic’s latest monthly chart pack valued Australia’s housing stock at $11.3 trillion as of the end of March 2025, with the average home valued at exactly $1 million. The value of Australia’s housing market relative to its economy is among the highest in the world, more than doubling the United States." MacroBusiness
Or more importantly, what happens to the people who got on the moving stairway during the end times? What happens to the whole shebang? I fear the worst honestly.
